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Wellesley, WA 6233

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$1,310,000

Median Unit

$85,000

Gross Yield (houses)

3.1%

1yr Growth

-

Investment snapshot for Wellesley

Wellesley has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Wellesley market and investor summary

Wellesley (WA 6233) runs a median house price of $1.3M, with houses yielding a gross 3.1%. At 1.4% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.

Living in Wellesley: people, income and schools

Wellesley has a resident population of roughly 35, and the area has been growing steadily, up about 11% over five years. The median age is 46, skewed a little older, and families account for 79% of households.

On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10).

Population
35
+11% over 5yr
Median age
46 years
Households renting
19%
Family households
79%
Socio-economic rank
6/10
ABS advantage index
Unemployment
2.3%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Wellesley

No properties currently listed in Wellesley

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Frequently asked questions about Wellesley

What should I check before investing in Wellesley?

Wellesley has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Houses sell quickly (13 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Wellesley?

The median property price in Wellesley, WA 6233 is $1.3M for houses and $85K for units.

What rental yield does Wellesley show?

The gross rental yield in Wellesley is 3.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Wellesley?

The current vacancy rate in Wellesley is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Wellesley?

Wellesley has a population of approximately 35 residents, with a median age of 46.

Is Wellesley's population growing?

The population of Wellesley has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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